UK pension funds face ‘huge’ costs to sell private assets

FT headline reports that UK pension funds face “huge” costs to sell private assets. Full article is behind a paywall, so details are not available; based on the headline and typical market dynamics, forced or large-scale sales of illiquid private holdings could force pension schemes to crystallise losses, increase short-term selling pressure on related assets and strains on liquidity. That could weigh on UK equity sentiment (UK 100), push trustees toward de-risking or selling publicly traded holdings, and possibly raise volatility in asset valuations and funding costs. The immediate market implication is negative for UK-focused risk assets and could prompt reallocations, hedging or calls for policy/regulatory responses.